{"id":293,"date":"2024-06-27T13:03:16","date_gmt":"2024-06-27T13:03:16","guid":{"rendered":"http:\/\/fastforwardstories.com\/?p=711"},"modified":"2024-06-27T13:03:16","modified_gmt":"2024-06-27T13:03:16","slug":"what-is-a-bankruptcy-petition","status":"publish","type":"post","link":"https:\/\/cloud.titletapsites.com\/widman-immigrationlaw\/2024\/06\/27\/what-is-a-bankruptcy-petition\/","title":{"rendered":"What is A Bankruptcy Petition?"},"content":{"rendered":"<p><script src=\"https:\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><\/p>\n<div class=\"wistia_responsive_padding\" style=\"padding:56.25% 0 0 0;position:relative;\">\n<div class=\"wistia_responsive_wrapper\" style=\"height:100%;left:0;position:absolute;top:0;width:100%;\">\n<div class=\"wistia_embed wistia_async_congozc9v2 dnt=1 videoFoam=true\" style=\"height:100%;position:relative;width:100%\">\n<div class=\"wistia_swatch\" style=\"height:100%;left:0;opacity:0;overflow:hidden;position:absolute;top:0;transition:opacity 200ms;width:100%;\"><img decoding=\"async\" src=\"https:\/\/fast.wistia.com\/embed\/medias\/congozc9v2\/swatch\" style=\"filter:blur(5px);height:100%;object-fit:contain;width:100%;\" alt=\"\" aria-hidden=\"true\" onload=\"this.parentNode.style.opacity=1;\" \/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>\nFiling for bankruptcy starts with disclosing all financial information. This is done on a form called a &#8216;bankruptcy petition&#8217;, provided by the US Bankruptcy Court.   The bankruptcy case starts when the bankruptcy petition form is filed.  Both individuals and businesses can file bankruptcy petitions.  These can be voluntary &#8211; done by the person or business &#8211; or involuntary, filed against the person or business by someone else. Petition details include the kind of bankruptcy &#8211; the &#8216;Chapter&#8217; &#8211; plus details of assets, legal status and other personal or business information.  As a US Court legal instrument, filing a bankruptcy petition is a legal decision, with penalties attached for perjury or fraud.  The bankruptcy petition is the first of many forms and steps in a complete bankruptcy case.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Filing for bankruptcy starts with disclosing all financial information. This is done on a form called a &#8216;bankruptcy petition&#8217;, provided by the US Bankruptcy Court. The bankruptcy case starts when the bankruptcy petition form is filed. Both individuals and businesses can file bankruptcy petitions. These can be voluntary &#8211; done by the person or business [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-293","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What is A Bankruptcy Petition? - Cupertino, CA Law Firm | Law Offices of Timothy D. Widman<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cloud.titletapsites.com\/widman-immigrationlaw\/2024\/06\/27\/what-is-a-bankruptcy-petition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is A Bankruptcy Petition? - Cupertino, CA Law Firm | Law Offices of Timothy D. Widman\" \/>\n<meta property=\"og:description\" content=\"Filing for bankruptcy starts with disclosing all financial information. This is done on a form called a &#8216;bankruptcy petition&#8217;, provided by the US Bankruptcy Court. The bankruptcy case starts when the bankruptcy petition form is filed. Both individuals and businesses can file bankruptcy petitions. 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